Nissan Spending $2 Billion to Build New Plant in Mexico

To help continue its growth in America, Nissan is continuing to look to Mexico. The company announced today that it will invest $2 billion to build a new plant in Aguascalientes, Mexico.

"Mexico is a key engine for Nissan’s growth in the Americas,” Nissan CEO Carlos Ghosn said in a prepared release. ”Together with our new plant in Brazil, this new manufacturing facility in Aguascalientes is an important pillar in our strategy to ensure that Nissan has the capacity it needs to increase sales volume and market share across the Americas."

According to the automaker, this new facility adds production capability of 175,000 units of Nissan’s subcompact B platform. Currently riding on that platform are the Juke, Cube, NV200, and Versa hatchback, among other cars sold outside of the U.S.

Nissan has yet to confirm exactly which vehicles will be built at the new Aguascalientes plant, but much of the brand’s lineup in South and Central America consists almost entirely of B-platform cars. No matter the vehicles assembled there, Nissan will add around 3000 jobs to Mexico, bringing its total Mexican employment count to almost 13,500 between the new facility and the two other plants it already has in the country.

Ghosn has set a goal of 85 percent of production to be localized for Nissan in the Americas by 2015, mirroring plans previously established by global auto giant Volkswagen.

Nissan also announced that it will build a new plant in Resende, Rio de Janeiro, Brazil, which will come on line in 2014. That plant will complement the joint venture Nissan previously established in the country, which currently builds a handful of Renault and Nissan products, including the Frontier compact pickup.

The new plants in Aguascalientes and Resende bring Nissan’s total plant count up to eight in the Americas: three in the U.S., three in Mexico, and two in Brazil.

Source: Nissan

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